GM - General Motors Message Board

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Non-Tech : GM - General Motors

GM 68.58

-0.3%

1:32 PM EST

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To: Uncle Mikey who started this subject	10/7/2002 3:10:28 PM
From: pchristi12534	of 543

It's been a long time since we've seen GM display this type of performance. In 5 of the last 10 trading days it has closed lower than the day before. On each of those days the stock has had positive money flow - meaning that there was more money going into the stock on upticks than on downticks. When this sort of aberration occurs once or twice during a two week period it can be dismissed. When it happens 5 or more times it assumes more than random significance. All investors always have the option to invest or to not invest at prevailing market prices. It's understandable that investors might want to own GM at current prices. However, why not just accumulate the stock on downticks? One possible answer for this obvious investor aggressiveness might be that they don't believe that the price will be moving much lower.

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